- By: admin
- Jan 18
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On January 18, 2017, the National Tariff Commission, Government of Pakistan (NTC) has imposed provisional countervailing (anti-subsidy) duties on subsidized imports of Cotton Yarn from India for a period of 4 months effective from January 18, 2017 as per below table:
|
Exporter Name |
Provisional amount of countervailing duty (Rs./Kg) |
| Nagreeka Exports Ltd., Mumbai. |
26.89 |
| Trident Ltd, Sanghera Barnala. |
50.81 |
| Veebee Yarnntex Ltd., Rajapalayam, Virudhungar |
48.10 |
| Kikani Exports Private Limited. Coimbatore, Pincode, |
46.76 |
| Nahar Spinning Mills Limited. Ludhiana | |
| SJLT Spinning Mills Limited. Chennai | |
| SJLT Textile Mills Limited. Paramathi – Vellur | |
| Vardhman Textiles Limited., Ludhiana | |
| K.A.S Industries India Pvt. Ltd.Veerabathrar | |
| Prasuna Vamsikrishna Spinning Mills Private Limited. | |
| Prime Urban Development India. | |
| All other exporters from India |
55.80 |
This is the FIRST EVER countervailing investigation in Pakistan wherein provisional duties have been imposed. We have the honour of preparing and filing this countervailing application and pursuing the same with the NTC on behalf of our client “M/s. All Pakistan Textile Mills Association (APTMA). The NTC will be finalizing this investigation within 180 days from the date of notice of preliminary determination. Resultantly, the NTC is likely to impose definitive countervailing duty for a period upto five years.
